Tuesday, March 24, 2020



Remember how there were idiots who called the Obama phone program Obama phones? I guess we should get ready for them to roll out a new term. the Trump bail out is going to happen. The dollar amount, well, it's around 1k right for each American adult, though they're trying to cater that to those lower income because, yeah, it would be pointless to just give 1k to everyone if those who don't need it just sit on it.

The whole purpose of the money is simple, they give you the money so that you can spend it and generate more movement in the economy. You are basically using the government's money to try to better your situation and in turn, it betters the struggling business.

Which makes me ask one question - if every place is closed, laid off employees already and most of all, you can't go to any bars and restaurants are only to-go and have no wait staff...  Then who the fuck is this money going to go to? Most of all, how are you going to spend it if we're already in the level where things are shutting down because they haven't had the wheels greased.

You can't stimulate an economy if it's currently dead and workers aren't needed. Shit, I have a friend who is a theater manager and he's laid off for the foreseeable future. How is this check going to help him much other than to pay his rent. There's really a fatal flaw in this mythical magic bullet. No point in getting money if you can't spend it on anything.

We are, in the moment, a full on blown financial collapse. We are not even to the 2008 recession. We smoked past that and now we're straight up landing in the great depression.  Also, Payroll tax cuts mean shit if you don't collect a paycheck. So please, that's just Trump trying to dismantle "entitlements" next year with the excuse that there's money to pay for it since that is where your payroll taxes end up.

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